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Ledbury House Prices Ledbury House Prices

The average house price in Ledbury is £240,211 using HM Land Registry data.

The average property price increased by £79,815 (31.32%) over the last 5 years and increased by £15,952 (5.01%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 97 transactions (-83.62%) relative to the previous year. The majority of house sales (27) were in the £232,000 - £294,000 range. Then came properties in the £170,000 - £232,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,635 (-3%).

In April 2024, there were 38 new estate agency instructions, 16 agreed home sales and 16 property price reductions.

Postcodes Covered: HR8

5-Year Average Property Prices in Ledbury

31.32%

Property prices in Ledbury increased by 31.32% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Ledbury Over the Last Year

5.01%

Property prices in Ledbury increased by 5.01% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Ledbury - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Ledbury

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Ledbury

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Ledbury

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Ledbury since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Ledbury area since 1995.

Recent Property Sales in Ledbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Auden Crescent, Ledbury, Herefordshire, HR8 2UU£495,000£460,000-£35,00006 Sep 202307 Mar 2024183 Days
25 Loden Brook Close, Ledbury, Herefordshire, HR8 2FN£449,950£442,500-£7,45004 Sep 202301 Mar 2024179 Days
Orchard End, Fairfields Road, Ledbury, Herefordshire, HR8 2EH£420,000£420,000£0020 Sep 202305 Feb 2024138 Days
44 Queens Court, Ledbury, Herefordshire, HR8 2AL£159,950£159,950£0012 Jun 202325 Jan 2024227 Days
60 The Homend, Ledbury, Herefordshire, HR8 1BT£199,950£185,000-£14,95025 Jul 202304 Jan 2024163 Days
6 Elgar Close, Ledbury, Herefordshire, HR8 2DF£215,000£205,000-£10,00023 May 202320 Dec 2023211 Days
5 Woodfield Road, Ledbury, Herefordshire, HR8 2XJ£299,950£298,000-£1,95007 Sep 202315 Dec 202399 Days
31 Bridge Street, Ledbury, Herefordshire, HR8 2AH£210,000£200,000-£10,00018 Jul 202301 Dec 2023136 Days
46 Oakland Drive, Ledbury, Herefordshire, HR8 2ET£265,000£254,000-£11,00016 Aug 202317 Nov 202393 Days
Allington, New Street, Ledbury, Herefordshire, HR8 2EL£399,995£372,000-£27,99524 Jul 202326 Oct 202394 Days
Rowan, Little Marcle Road, Ledbury, Herefordshire, HR8 2DS£289,950£287,500-£2,45005 May 202326 Oct 2023174 Days
1 Victoria Road, Ledbury, Herefordshire, HR8 2DD£250,000£237,500-£12,50007 Jun 202320 Oct 2023135 Days
17 Upperhall Close, Ledbury, Herefordshire, HR8 1SZ£320,000£320,000£0010 May 202319 Oct 2023162 Days
8 John Lee Road, Ledbury, Herefordshire, HR8 2FE£249,950£235,000-£14,95017 Mar 202312 Oct 2023209 Days
20 Kempley Brook Drive, Ledbury, Herefordshire, HR8 2FJ£265,000£240,000-£25,00015 May 202306 Oct 2023144 Days
Alderley, Woodleigh Road, Ledbury, Herefordshire, HR8 2BL£575,000£575,000£0024 Aug 202228 Sep 2023400 Days
74 Churchill Meadows, Ledbury, Herefordshire, HR8 2DQ£230,000£225,000-£5,00007 Feb 202327 Sep 2023232 Days
Barnetts Cottage, Homend Crescent, Ledbury, Herefordshire, HR8 1AH£335,000£300,000-£35,00017 Jul 202320 Sep 202365 Days
45 Biddulph Way, Ledbury, Herefordshire, HR8 2HP£320,000£298,000-£22,00010 Feb 202318 Sep 2023220 Days
28 Browning Road, Ledbury, Herefordshire, HR8 2FT£280,000£280,000£0028 Jun 202315 Sep 202379 Days

Most Expensive Streets in Ledbury

PostcodeStreetAreaAverageNo. of Sales
HR8 1AEBank CrescentLedbury£625,3333
HR8 1PPHorse Lane OrchardLedbury£605,7147
HR8 1ANKnapp LaneLedbury£604,2857
HR8 2EENew StreetLedbury£590,4505
HR8 1JAWorcester RoadLedbury£580,2504
HR8 2BGWoodleigh RoadLedbury£536,6663
HR8 1AFBank CrescentLedbury£493,7504
HR8 2JEGloucester RoadLedbury£464,7005
HR8 1LFLedbury ParkLedbury£447,7374
HR8 2FUFarjeon CloseLedbury£434,2504

Least Expensive Streets in Ledbury

PostcodeStreetAreaAverageNo. of Sales
HR8 1BSThe HomendLedbury£99,3339
HR8 2DXBorn CourtNew Street, Ledbury£109,69021
HR8 2XSFurlong CourtBramley Close£118,40911
HR8 1BYLeadon BankOrchard Lane£148,52912
HR8 2ALQueens CourtLedbury£150,26315
HR8 2GRHerrick ValeLedbury£153,0813
HR8 2HEBethell CourtNew Street, Ledbury£161,4874
HR8 2PPNorthdown CloseLedbury£166,8333
HR8 2XRRusset CloseLedbury£176,0847
HR8 2AFBelle Orchard CloseLedbury£180,0003

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